BoE minutes signal ‘shift in remit' to support economic growth
The governor of the Bank of England (BoE), Mervyn King, was defeated in his attempt to expand the BoE's quantitative easing (QE) programme earlier this month, according to minutes from the monetary policy committee (MPC) meeting released today.
King voted to increase the size of the BoE's asset purchase programme by £25 billion to £400 billion, and was joined in his stance by fellow MPC members Paul Fisher and David Miles. However, the three were outvoted by the remaining six members of the
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com